As U.K. remains undivided, BoE no longer on edge

Source: Bloomberg
© Scanpix/AFP
As the polls closed on late Thursday, the overall sentiment was proven right Friday morning; Scotland will remain a part of the U.K. with 55% of voters ticking the 'no' in the ballot. This means that Bank of England can receive some reprieve after weeks of uncertainty and volatility. The BoE can now focus on more pressing matters, like wage increases and the inflation rate, and also continue its six quarter expansion. 

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